Business Directories

Omani lender Bank Nizwa, the sultanate's first full-fledged Islamic bank, plans a steady expansion of its retail network with a view to capturing a 5 percent share of the total banking market, according to its chief executive.

Oman's Al Izz Islamic Bank, the sultanate's second Islamic bank, attracted bids worth RO46 million ($119.5 million) for its initial public share offer, 1.15 times the sum which it was raising.
The bank, which counts Abu Dh

Al Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, has launched its initial public offering (IPO) offering a total of 400 million shares at a fixed offer price of 102 bizas.
The IPO is being lead managed

Al Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, plans to offer a total of 400 million shares at a fixed offer price of 102 bizas in its initial public offering (IPO) next week.
The announcement from t

Al Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, will launch an initial public share offer (IPO) for 40 per cent of the bank later this month, Oman's regulator said in a statement.
Al Izz is the se

Oman's Al Izz International Bank, a lender under formation in the sultanate, plans to launch an initial public offering (IPO) in the third-quarter of 2011, its spokesman said on Sunday.
The new financial institution, whi